Blake Masters, the GOP nominee for a Senate seat in Arizona, suggested in a sarcastic tweet this week that the sluggish economy and the high rate of inflation were tied to diversity in the high ranks of the Federal Reserve.
“Finally a compelling explanation for why our economy is doing so well,” Master, who has been endorsed by former President Donald Trump, wrote Sunday in retweeting an Associated Press article with the headline: “Fed tackles inflation with its most diverse leadership ever.”
The article noted that more female, Black and gay officials are now weighing in on interest-rate decision-making than ever before in the central bank’s more-than-100-year history.
And then he sang “Tomorrow Belongs To Me”
It takes a special kind of White Nationalist to conclude that the Federal Reserve is hurting the economy because of diversity.